28/09/2014
"Qatar" the most declined during the past week to a loss of 23 billion riyals
Gulf markets resist the waves before the «Adha» holiday sale
the GCC stock markets Resist this week the usual selling before Eid al Adha which began to unfold last week, dropping most of the market indicators except for slight gains for both Kuwait and Bahrain, with markets Dubai, Abu Dhabi and Doha losses varied contrary to expectations after promotion officially within emerging markets early last week. The country most market losses last week by 3.31 percent at 475.53 points to lose the market to 23.3 billion rials (QAR) of its capital with a strong correction resulting from profit-taking on most leading shares, where the news has affected Qatar World Cup host morale increased selling investors on the contrary is expected, after the accession of the market for emerging markets. But Abu Dhabi, the second in terms of losses last week to about 2 per cent at 5127.60 points and the index fell under pressure from real estate and banking sectors as well as energy losses thanks to the telecommunications sector remain at previous levels in the week before last.
The real estate sector dropped by 2.79 percent by mass of the three shares fell, led by Aldar by 2.91 percent as record eshraq shares fell by 3.01 percent and lost arrow Rak to 0.97 percent. Portfolio of intensified sales in Abu Dhabi Securities market worth 3 616 million, with purchases of 474 million, and net investment 2 142 million outcome selling
Dubai market fell 0.85 percent to 5054.25 points, the most prolonged selling pressure stocks, leading to a decline in corporate sector indicators with the exception of the services index increased by 65.1 percent, the telecommunications sector index by 0.04 per cent. Money market received support from a ' brand ', which was included in Dubai at the end of last week. He headed investment portfolios in Dubai market toward selling shares by net investment of 81.7 million sum sale as confirming figures released by the Dubai financial market, the Governor of the Bank stepped up purchases of net investment reached 65.9 million, while net portfolio investment companies to 8.3 million they received purchase. The market saw selling pressure also with a large part of the liquidity of the capital reconstruction of the mules came a loss of DFM general index direct pressure from the real estate sector which ended last week's trading down 1.5 percent.
MSM dropped by 0.61 percent to 7458.90 points, with the market's performance was characterized by the horizontal format. And pressure on the main index performance falling financial sector which fell by 1.42 percent. In Kuwait has achieved a market price index increased by 0.75 per cent during the week to reach the level of 7655.57 points, with the gradual return of confidence to the market that lagged behind the Gulf markets this year. The Bahrain market, achieved a higher over the past week by 0.13 percent at 1469.01 points, powered by the banking sector which rose 0.33 percent.
